Great value in this sought after area, close to schools, and the city centre, public transport, and everything you need. This property will pay for itself! No negative gearing required!

The current owner renovated the property completely when he purchased it. The home has 3 bedrooms , lounge, dining room, kitchen, bathroom with toilet and a second toilet in the laundry. Single lock up garage, 2 car ports and big back yard. The property is fully walled/ fenced. There are security screens on all opening windows and security doors on both access doors.

Jump at the chance to own in this great part of Toowoomba at such a good price!

The tenants pay $270 per week and would be happy to renew the lease which expires in October, at which time the rent will be increased. Rent appraisal for $295 to $320 per week

Monthly Budget
Option 1
10% Deposit $24000.00
Rent $295 per week ($1278.33 per month)
Mortgage $216000 at 4.89% interest only.($880.20 per month)
Water rates. ($73.54 per month)
Rates ($132.27 per month)
Nett monthly profit $192.32 from day one!

Option 2
Monthly Budget
No Deposit
Rent $295 per week. ($1278.33 per month)
Mortgage $240000 at 4.89% interest only ($978.00 per month)
Rates ($132.27 per month)
Water rates. ($73.54 per month)
Nett monthly profit $94.52 from day one!

Call Craig now on 0408360635